Young English defender Jonathan Panzo has joined French Ligue 1 giants AS Monaco from Chelsea.
His transfer was confirmed by the club’s official Twitter handle on Friday morning.
According to a report from tribuna, the Premier League outfit will receive a compensation of £2.5m from Monaco for the 17-year-old.
Speaking about his move to the Principality, Panzo said: “I am very happy to join AS Monaco. AS Monaco is a great club which trusts young players and competes regularly in the Champions League. This is a new step in my career. I am motivated to work with the staff and rub shoulders with great players. I hope to integrate myself as soon as possible to help the club achieve its goals.”
Jonathan Panzo was part of the victorious England U-17 team at last year’s FIFA U17 World Cup in India.
AS Monaco are delighted to announce the signing of Jonathan Panzo (17) from @ChelseaFC ! #WelcomeToMonaco pic.twitter.com/CDpDw00jqd
— AS Monaco EN (@AS_Monaco_EN) July 6, 2018
